Cobre, NM Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Cobre cost of living score
75.1
Less expensive
24.9% lower
than the US average
15.0% lower
than the New Mexico average
Cobre, New Mexico gets a BestPlaces Cost of Living score of 75.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.9% lower than the U.S. average and 15.0% higher than the average for New Mexico.

Cobre, NM

Housing costs in Cobre?
A typical home costs $186,900, which is 44.7% less expensive than the national average of $338,100 and 30.0% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Cobre costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 29.1% cheaper than the state average of $1,020.

Can I afford Cobre?
To live comfortably in Cobre, New Mexico, a minimum annual income of $35,640 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Cobre?
The cost of living in Cobre, NM is significantly lower than the national average. Rent and housing costs are especially affordable, with an average home price of just $87,400. Groceries and other everyday necessities are also relatively inexpensive when compared to other parts of the United States. The low cost of living combined with a small-town feel makes Cobre an ideal place for people to call home.
   Cost of living score
     CategoriesCobreNew MexicoUnited States
  75.188.4100.0
  89.493.3100
  85.382.6100.0
  49.184.3100.0
  $186,900$267,100$338,100
  98.9%100.4%100.0%
  68.284.6100.0
  95.585.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Cobre, NM cost of living
Compare food, housing, utilities, and more in Cobre, New Mexico to any other city in the US.